UAE-based Pipetec Solutions Manufacturing has signed a 50-year land lease with KEZAD Group to establish a pipe bending plant in Khalifa Economic Zones Abu Dhabi (KEZAD). The company plans to invest AED 100 million (approximately $27.23 million) in a state-of-the-art facility spanning 18,000 square meters. Utilizing induction-bending technology, the plant will cater to various industries, including oil and gas, construction, and aerospace. Heena Kalantri, director of Pipetec, expressed excitement about the partnership, emphasizing their commitment to innovation and sustainability in producing high-quality bending solutions.
